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What is Money For? A shocking presentation in the High Street Salon by Marco Vangelisti

The High Street Salon
Sebastopol, CA

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What is Money For? A shocking presentation in the High Street Salon by Marco Vangelisti

Food by High Street Salon chef Rick Rozet and moderation by Zeno Swijtink (SSU Department of Philosophy, Slow Food Russian River).

In brief: Most of us lack an understanding of the country's monetary system but feel that something is rotten in the state of Denmark. Marco Vangelisti (Slow Money, ek4t) explains it all, and discusses alternatives that, he argues, can guide us to greater health and stability.

In more detail: Currently, the money system and the banking system are conflated (money is mostly created as debt by the banking system) and by their very design demand continuous economic growth and an ever expanding level of debt (public and private).

There is very little understanding in the general public about what money is, how it is created and how the banking system operates.

Only a fundamental shift in the design of the monetary and banking systems will allow for a viable way of addressing increasing inequality, the mounting problem of public and private debt and make possible a shift towards a sustainable steady-state economy that works for everybody and is compatible with environmental stewardship.

Sunday, August 11, 10am - 2pm (Presentation starts at 11am promptly)

Bio

Marco came to the US as a Fulbright scholar in mathematics and economics at the University of California in Berkeley.
After a stint in the financial industry, Marco worked as visual artist on a full-time basis for 5 years and obtained a MFA focusing on the intersection between public art and ecology.
He later worked for 6 years for Grantham, Mayo, Van Otterloo & Co. LLC ("GMO"), managing investment equity portfolios primarily on behalf of large foundations and endowments.
In April 2009 Marco left the finance industry and has since been instrumental in the formation and development of the Slow Money Northern California chapter where he currently leads the investor working group. Marco also serves on the Slow Money national steering committee and represents Northern CA in the national Slow Money Chapter Council. In the second half of 2012 Marco led the design and launch of the Soil Trust, a Slow Money philanthropic revolving fund investing in small food and farming enterprises around the county.
Marco is currently developing an Economics for Transition curriculum for engaged citizens and activists.

Menu by chef Rick Rozet

Traditional breakfast items, incl. eggs and bagels with salmon spread
Roast chicken with potatoes
Mixed Green salad with parmesan and green apples